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A smart card is a physical card with an integrated chip that functions as a security token. Smart cards are usually the same size as a driver’s license or credit card and are available in metal or plastic.
The European Smart Card Market is expected to develop. Smart cards are used in a variety of industries, including finance, telecommunications, health, retail & gas, government, and transportation, due to their numerous advantages.
Furthermore, many firms are using smart card technology due to the high data security and dependability it provides. This technology aids in the protection of a person’s belongings and identity, which will drive the smart card industry forward in the next years.
Several smart card manufacturers are attempting to expand their global market position. To gain a significant market share, these smart card makers are expanding their products and service offerings.
The Europe Smart Card Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
With the launch of its Rocker Touch biometric card based on the IDEMIA F.CODE offer, which includes the enrolment sleeve and unique packaging, Swedish FinTech Rocker has become the first in Sweden to provide this next-generation solution to its clients.
F.CODE combines chip technology with fingerprint biometric security to validate the cardholder’s identification in a convenient and secure manner.
The chip is powered by an integrated sensor that uses a fingerprint to verify identification. The card may be used at any EMV-compliant machine on the globe.